|
Presseschau Times: Are protected products going to be the next mis-selling scandal? http://business.timesonline.co.uk/tol/business/columnists/ar… Even more outrageously, those who invested on the back of brochures emblazoned with “capital secure” are not sure what they will get back at maturity. It’s likely they will receive something — many of these schemes have another three to four years to run, in which case Lehman’s administrators might be able to sell the bonds to a third party — but it’s too early to say. The fate of some investors now lies in the hands of Rutger Schimmelpenninck. He has been appointed administrator of Lehman Brothers Treasury Co BV, a Dutch- incorporated company that issued the securities underpinning some of the plans, and which has suspended payments. Times: Nomura misses deadline to buy Lehman division http://business.timesonline.co.uk/tol/business/industry_sect… Hopes that Nomura, the Japanese securities house, would snap up the division evaporated yesterday when a 4pm deadline passed with no offer being made to administrators at PricewaterhouseCoopers. Nomura declined to comment but it is thought that despite being able to buy the business for a peppercorn sum, it pulled out because of the considerable capital backing it would have required. AP: Hong Kong investors in Lehman protest again http://ap.google.com/article/ALeqM5i5QKzgiPx7T0xBlp2rbJCpbCU… Holding signs that said "Return my blood money" and "Crafty salesmanship, sugarcoated poison," about 400 people marched through Hong Kong's Central financial district to nearby government headquarters. The protesters complained that banks that sold them Lehman-backed bonds didn't properly explain the products to them and urged the Hong Kong government to better regulate methods of selling investment products. Retiree Cheung Chuk-yu said he bought 200,000 Hong Kong dollars ($26,000) worth of the Lehman-backed bonds from Wing Hung Bank, whose salespeople called him repeatedly to promote the bonds. Swissinfo: Wellershoff of UBS criticises US authorities http://www.swissinfo.ch/eng/news_digest/Wellershoff_of_UBS_c… The chief economist of Switzerland's largest bank, UBS, says that United States authorities should not have allowed the Lehman Brothers banking group to collapse. Klaus Wellershoff commented in Saturday's Bund newspaper of Bern that he believed the decision not to give financial aid to the ailing group was a "clear mistake". |
|
| aus der Diskussion: | Lehman Brothers Chapter 11 -> Auswirkung(en) auf deren Zertifikate |
| Autor (Datum des Eintrages): | manyfulddick (28.09.08 18:47:23) |
| Beitrag: | 566 von 2,327 (ID:35318065) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |